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as a democratic leader refuses to defend him. >>> good deal? online coupon company groupon, growing at a blistering pace, but do the daily discounts really add up? >>> plus, rewriting history to stick up for your favorite politician. stick up for your favorite politician. "nightly news" starts now. captions paid for by nbc-universal television >>> good evening, everyone. i'm lester holt in tonight for brian. the massive wildfire that has now driven thousands from their homes in arizona is threatening parts of new mexico tonight, and even more of the country is starting to feel its effects. now the second largest fire in arizona history, it's already burned close to 500 square miles. 2,500 firefighters from as far away as new york are trying to contain it. but there is no containing the smoke that has triggered air quality alerts and spread a thick haze as far away as iowa. from springerville, arizona tonight nbc's george lewis is standi standing by to bring us the latest. george? >> reporter: yeah, lester, we've been keeping a close eye on this wall of smoke interspersed by gusts of
job. >> congratulations to him. 72 degrees on tv hill. >> we will look at the success behind groupon >> now traffic pulse 11 and insta-weather plus together. >> 5:15. >> looks lot better than y yesterday morning. we do have a closure because of the greek festival. continued closures along, street between light street and charles. -- continued closures on conway street.] five minutes to travel on 95 south down to the fort mchenry. 11 minutes on the outer loop west side. on the north side, everything is clear. we are moving well in the outer loop toward the west side. this is traffic at the b-w parkway. both of those roadways continued to run smoothly. that is the latest on traffic pulse 11. now let's get the latest on the buses and the trains. >> we're showing a few bus diversions this morning. chuck five, 46 the rate was down at madison and washington. be prepared for those delays. light rail and mature running fine from end to end. now back to tony pann. >> heat adviser in effect for today for just about everybody watching. the heat index will be approaching one of degrees again --
, especially the wildly popular groupon. that company is doing so well that they recently turned down google's offer to buy the company for $6 billion, billion with a "brvegs" dollars. now they have plans to go public. that daily deals rage may be good for consumers but is it a good thing for small business owners? nbc's kevin tibbles reports. >> reporter: a romantic dinner is a half-price romantic dinner. what brought you in? >> groupon. >> reporter: groupon is the leader in the online explosion in the daily deal business pushing prices down by guaranteeing a certain number of customers. >> i've gone everywhere from trying new restaurants, went paintballing, got discounts on hot dogs, all the way out to steaks and dinner. >> reporter: instead of clipping old fashioned coupons, groupon negotiates lower prices and e-mails the discounts free to its subscribers. >> the same way facebook redefined communication on the web, groupon is allowing people to redefine the retail business. >> for geja's cafe in chicago, it brings new customers and more. >> of the 2400 customers, 900 have come back in mu
about the boom, daily deals phenomenon. especially the wildly popular groupon. that company is doing so well they recently turned down google's offer to buy the company for $6 billion. now they have plans to go public. that daily deals rage may be good for consumers. but is it a good thing for small business owners. we take a look. >> perhaps the only thing that could beat a romantic dinner is a half priced romantic dinner. what brought you in? >> groupon. >> groupon is the leader of an online explosion is what is called the daily deal business. pushing prices down by guaranteeing a certain number of customers. >> i've gotten everywhere from trying new restaurants, paint balling, discounts on hot dogs all the way up to steaks and dinner. >> instead of clipping old fashioned coupons, groupon negotiates lower price and emails the discounts free to its subscribers. >> in the same way facebook has redefined communication, groupon is allowing people to redefine the retail business. >> for this restaurant it brings new customers and more. >> of the 2400 new customers 900 of them have come bac
jetsetter, expedia, groupon and karen is here and she is our travel agent tonight. >> reporter: you will love them even more when you get to hit the road, take to the skies, or check into somewhere else new. that is what groupon and their competitors hoped for. groupon will launch later this month with help from travel site expedia similar to daily deals they offer to local restaurants and merchants. groupon getaways follows one of its top competitors, libyan social has been operating on a simple premise -- living social has been operating on a similar premise. the social savviness does not have to end there. a trip advisor survey found 38% of travelers use their mobile devices to plan a trip and 60% have downloaded travel apps for even more deals out on the road. >> now maryland's most powerful radar. >> let's get you right into a here. this was a severe thunderstorm when it was up north of the pennsylvania line. pretty heavy rain and some brief lightning there headed off the edge of essex there. the eastern shore will catch a little bit of disarray and paid a chance for a stray sh
-of-wedlock child. -- john edwards. >>> goldman sachs faces a subpoena. groupon gets ready to go public. >> linda bell joins us from bloomberg headquarters in new york. >> good morning. the latest groupon filed to raise $750 million in an initial public offering. it has been drawing interest from wall street after shunning a takeover bid from google last year. pandora is looking to go public. the music web site is looking to raise $123 million for its ipo. sources tell us that goldman sachs was subpoenaed by the manhattan d.a.'s office in new york city to release information about its role in the collapse of the financial markets. letter carriers collected 70 million pounds of food on may 14 along their routes for needy families. hunger continues to be a growing problem in this country. it collected significantly lower amounts of food compared with last year, citing the economy. the may jobs report comes out this morning. stock-index futures indicating a low or open. ice-cream shops are thinking of more creative ways to beat the heat this summer. more on that in my next report. back to you. >> th
downtown. the party runs until 8:00 tonight. for people looking to save money, groupon has been a great hit. the coupons save money every day. also, when you'll be able to get travel deals, we'll tell you. >>> also, how to make sure your g mail is protected. >>> all right, after a brief reprieve for a holiday weekend, the gas prices are going up again. the price for a gallon is going up again. on average we're paying $3.78. abc2 news is still working for you to try to find the cheapest prices near you. we've teamed up with gas buddy and compiled a list on the website. click on gas prices under the traffic tab. >> hey, get ready to add travel deals to the list of items you'll be able to get from groupon. they'll give away travel discounts this month as part of a travel discount with expedia. they'll offer 50% off other sites for things like airfare and cruises. event -- eventually, they'll add overseas items as well. >>> you know about the chinese hackers breaking into hundreds of g. mail accounts. if you're worried about yours, we have five simple steps to reduce the chances. set up a two s
and a possible weekend rocket attack plus groupon is [ male announcer ] this is lara. her morning begins with arthritis pain. that's a coffee and two pills. the afternoo n tour begins with more pain and more pills. the evening guests arrive. back to sore knees. back to more pills. the day is done but hang on... her doctor recommended aleve. just 2 pills can keep arthritis pain away all day with fewer pills than tylenol. this is lara who chose 2 aleve and fewer pills for a day free of pain. and get the all day pain relief of aleve in liquid gels. the the republican presidential candidate attacks president obama said economic policies appear in the president's hometown >>fuel is $4 a gallon home prices are in the datagutter.. our national debt has skyrocketed our budget deficit has grown worse and the jobs in manufacturing sector is gramm.im our president needs to hunter economic rehab. >>tim pawlenty delivered his first major policy address at the university of chicago harris school of public policy this morning the former minnesota governor sa
of groupon how much it hopes to learn by going public. >> president obama goes to toledo to talk about rising [ male announcer ] there's a new ride coming to busch gardens williamsburg -- mach tower. dude, it's s like two hundred and... ...forty feet high... ...rigight in the middle of oktoberfest... ...the seats go, whoooa... ...up to the top, then... ...the music just stops. and the seats totally start shaking. it's insane. but then all of a sudden... [ group ] aaaaaaahhhhhhhhhhhhh! [ male announcer ] mach tower. heart racing. jaw dropping. coming soon to busch gardens williamsburg. >>> checking our top stories at 5:14 investigators may have found the bodies of the missing mother and daughter. the bodies were found near a temple hills community center last night. sources tell abc 7 that the bodies may be those of 20-year- old wynetta wright and her daughter jaylin. they have been missing since monday. >>> a 24-year-old woman died after being struck by a car in wheaton on georgia avenue near regina drive. the car left the road, crashed through a fence, and ended
. >> groupon and expedia want to help you take off and land for less. they've formed groupon get aways that will launch late this month. the deals will offer 50% off retail rates listed on other travel sites. deals will be for flights, hotel packages, car rentals and cruises. you can sign up on the group site and look for the deals in your inbox in a few weeks. local groupon competitor living social already features living social escapes which is a similar deal site. so, now you're starting to see them all start to look the same. >> exactly. deals are tempting though at all of them. >> they're very good. they have the beautiful photos. pack the bag and go. >> groupon is hot! >> they've got that ipo they've announced that's coming up. we'll see if living social will do an ipo. local story potentially there. >> the nation's high court refuses to enter the debate about illegal immigrants and tuition breaks. >> the popular singer is able to walk days after being thrown from a jet ski. we'll be back. >>> good morning time for united airlines travel cast. leaving out of dulles, visibility 9
. but does it cross the line? >>> you've heard of groupon and livingsocial, now there's another site to add to your list of favorites. a local woman helping you find deep s catered to children. >>> get packs are getting a new look. it won't be glamorous and it won't be cool. >> graphic ads will appear on all cigarette labels and advertising. >> reporter: smoke blowing out of a trachea. these images will fill the top half of cigarette packaging. >> i think people should have to look at that before they pick up a pack of cigarettes. >> reporter: the fda has directed nine new full color warning labels, a far cry from the old surgeon general's warning which was much smaller and on one sign. smoking rates have declined since the 1970s, then leveled off in the last five years. >> we know that people started to ignore the earlier warnings, this is the first change in the cigarette label in 25 years. >> smokers are split on their opinions. >> they are -- it sends a good message. >> you don't have to put that stuff on the label. >> reporter: the top tobacco companies had no new comments tuesday, but
. there's a big battle for your bucks. groupon, living social, which one is best for you? >>> welcome back. i'm brooke baldwin. former senator and former presidential candidate, john edwards, spoke a short time ago. it was short and sweet after being indicted by a grand jury this morning. look. >> there's no question that i've done wrong and i take full responsibility for having done wrong. and i will regret for the rest of my life the pain and the harm that i've caused but i did not break the law and i never, ever thought i was breaking the law. >> and edwards is facing six separate counts here. he's accused of conspiracy, making false statements, and violating finance campaign laws. all of this stems from his extramarital affair with campaign individual jog gra officer ree yel hunter. they claim he used political backers to make payments to his mistress. edwards has fathered a child with rielle. edwards' attorney says the money given to hunter was a gift, not a campaign donation. let's go straight to joe johns who is covering this for us from the beginning. he joins from winston where ed
. groupon today filed paper work for the initial public offering of stock. the filing with the securities and exchange commission sets the potential value at $750 million. groupon was launched in 2008 and has seen increased competition in the dailies deals market from google and facebook. >>> a new twist in the search for a missing nursing student who police are now look at as a possible person of interest. >> >> a program underway to preserve a natural predator. what they hope to do tonight. >>> the rain clouds moved out for today but another storm is approaching our coastline. coming up, when the rain fall begins and the wettest part of the upcoming weekend. our planes start flying when it's dark. and they don't stop flying until it's dark again. flying all day, every day. you deserve our best. that's why there's so many flight options. [ webber ] southwest airlines has seven daily nonstop flights from the bay area to chicago midway to fit your schedule. ♪ hey, we're on your schedule, not ours. there will be another one back here in a second, just watch. what did i tell you -- there's
cucumbers, lettuce and tomatoes. >>> groupon wants to offer its biggest deal yet. the company wants to go public. but groupon has been wracking up big losses. and google and facebook are getting ready to enter the online coupon business. >> that would be a good stock to get maybe. >>> coming up next, the jellyfish threat that could last for a year. >>> and whoever said the heat would sweep the mavs? they never asked the mavericks. stunning finish in game two. >>> and the man that picked up a hitchhiker that turned out to be none other than bono. i found out that connected to our muscles are nerves that send messages through the body. my doctor diagnosed it as fibromyalgia -- thought to be the result of overactive nerves that cause chronic, widespread pain. lyrica is believed to calm these nerves. i learned lyrica can provide significant relief from fibromyalgia pain. and less pain means i can feel better and do more of what i love. [ female announcer ] lyrica is not for everyone. lyrica may cause serious allergic reactions or suicidal thoughts or actions. tell your doctor right away if yo
customers will find welcome back freebies. the coupon website groupon filed to go public hoping to raise as much as $750 million. but groupon has been rack up big losses and google and facebook are getting ready to enter the online coupon business. and ever wonder how many words you type on your cell phone? researchers say those who send out 10 text a day will have typed the equivalent of war and peace in five and a half years. and all with their thumbs. those are tech bites, i am daniel seeberg. -- sieberg. >>> now "good morning maryland." >>> families are mourning the loss of five after a shooting rampage in yuma arizona. we will tell you what led to this senseless string of deaths. >> reporter: breast cancer survivors hit the streets this week toned educate others. i am sherrie johnson. coming, we will talk to them live about the campaign. >>> and if you don't want to pay 300% increase on the tolls, now is your chance to tell official how you feel. those stories are just ahead. it's friday. happy friday. june 3rd i am megan pringle. >> i am charley crowson. let's get to the weekend we
sites going public. coupon web site groupon may be the next. but with high expectations comes high volatility. that brings us to tonight's "word on the street"-- "backbone." debra borchardt is a markets analyst at thestreet.com. so, deborah, you're looking at companies providing the backbone for social media web sites. what's really important here for investors to look at? >> well, i think what's really important is looking at these companies and what they're providing for these social networking sites. there's much lower risk in these-than-buying a linkedin or groupon stock. you look at these providing data storage and software that makes their pages load faster. so it's all those things that keep these social networking sites, you know, viable. >> tom: it's all the technology infrastructure that, as we mentioned, the backbone. that is the word here. so oracle is your first word to watch -- orcl. longtime database manager. that's what the internet is, a big database. the stock has recently traded close to all-time highs. what's to push it up from here? >> here's what i like about
. >>> chances are, you've had a good groupon. now, you can use them for travel. >>> it's a personal connection you can use. >> and art for the animals. how one class is using their creativity to make sure that animals in need get a loving home. >>> college students are leaving town and families are heading to the beach. summertime is a prime time to sublet. there are risks. here's more. >> reporter: an apartment sublet can be good for any number of situations. holding on while you're away and someone else splits the bill. the apartment association has tips to do it right. >> check your lease, your lease may have something in there about rules to sublet. >> reporter: like any agreement, there can be a bit of pitfalls. a sublease should out line the terms regarding the depos -- deposit and the plan for paying utilities and pets. in sometimes, only the person on the list could make repairs and sublets should be able to get in touch at all times. >> if you're not signing a lease with the owner, you need contact information. >> reporter: if the subletter doesn't pay the rent, the long term resident
start-ups are planning the go public. megacoupon site groupon filed papers for initial public offering and pandora set the opening share price. pandora, the internet radio companies hope to raise $125 million in the ipo and expects to sell stock in $7 to $9 range. groupon took the first step yesterday toward selling stock on wall street filing papers with the securities and exchange commission. groupon grew 22,000% last year. it's matched that growth rate in the first quarter of this year. >>> customers of apple itunes store could be moving to the cloud. "l.a. times" report apple could have contract with four major record labels in play today to allow them to push itune users to the new i-cloud service. users will be able to push the songs to apple servers and retrieve them using any compatible device. times says the service will be free at first and later apple could charge up to $25 a year. >>> a star hockey player and his girlfriend picked up a most unlikely hitchhiker this week. bono. the ed monthton oiler and his girlfriend spotted bono hitch hiking after they got stuck in a rain
. groupon is ready to become public traded. is on the may -- all eyes on the may jobs report. >> it is jobs day. labor department will be out with those numbers. it is expected to show fewer workers hired in may. economy has slowed and employment has slowed as well. springtime recruitment is still looking good. demand in baltimore has been trending higher since january of this year. latest tech boom in high gear. groupon groupon with an initial public offering. pandora also looking to go public. most stocks were lower. goldman sachs weighing on its role in the financial crisis. the bloomberg maryland index continued to get hit by losses by joseph a. banks. >> 6:19. 57 degrees on tv hill. another check on weather and traffic 1 a comeback. >> back to the negotiating table for the nfl. news of the labor lockout -- good news in the labor lockout. >> don't forget to e-mail us your response to our water cooler question of the day. do you think the new food icon highlighting portion control will be more effective in encouraging healtier diet choices than the old food pyramid? you can share your re
cannot see that in this camera. back to you. >> thank you. >>> here today and gone tomorrow. groupon has come to the d.c. area. >> a major video game publisher is closely watching for possible walkout at the nfl. now to cali carlin in new york. >> many people watching the nfl closely. electronic arts is one of them. they have a vested interest because they are the maker of the popular madenden nfl game bigger gross revenue may fall $80 million if the walkoutlockout cancels the season. meantime more people taking trips to beat the heat, but they are staying closer to home. hotel chains as 67% of american's plan to take a summer vacation, up from 62% last year. 21% are planning nearcations. groupon is expanding to washington d.c. and several other markets. groupon now offers real-time deals are places to eat or pamper yourself for that day only not for future use, like the usual coupons. there is a deep tissue massage at a wellness center and the luna cafe. markets will open in the green according to indications after six days of losses. live at bloomberg headquarters cali carlin. >>> 5:52
. dow down a bit yesterday. the dow starts at 12, 248. >>> groupon has taken the first step toward going public. it filed for a $157 million ipo. groupon's first quarter sales at $645 million. but it also had a net loss of $114 million in the first three months of this year. groupon finds local deals for its 83 million subscribers. >> that is a lot of them. >> yeah. >>> caught on tape you have to see dramatic new surveillance videos. a tornado in the deep south. >>> it's crunch time that put the pro football season in jeopardy. >>> westbound highway 4 traffic is doing pretty welcoming up to the willow pass grade. we will tell you more about the morning commute and bay weather straight ahead. dad, i was wondering if you've -- what's up? oh, what's wrong with your hair? oh. i was cruising the world-wide-web. found this do. what are you wearing? dope, right? it's got a hood. want one? boom. done. [ ding! ] [ boy ] lookin' good mr. g. thanks, bro-seph. are you video chatting? with my boyfriend? yeah! hey, tessa! mom! [ mocking tone ] mom. [ male announcer ] now everyone's up to speed. high s
arrest. her next hearing is scheduled for next month. groupon gives great discounts and now matchmaker is a bonus groupon has launched a site called... according to reports on the internet that will give $60,000 to a couple that meets on groupon and then have two children. it will be put into a trust until the child reaches 25 years old. >> chicago has a very rich history when it comes to jazz blues and other types of music. this is mires hardware on 34 straight to,34th street. the executive director serving curious chicagoans and visitors interested in places that locals to not even know about. >> we go off the beaten path and we go digging through archives and magazines and old photographs. >> today we tagalong on their blue store, meyers is one of their big stop. in the 1920's it went by another name. >> i have a picture of son of rot on the stage. ra on the stage. >> this hardware store was once one of the hottest jazz clubs around upstartam upstairs we get to see a drink specials from another era. three stories into music the chore aims to take taurus back in time. >> we are
tommrrow's closell watched jobs report. and group-on hoping to laach-on to this yearrs craze for new stocks. theeonline coupon provider filing for its initial public offering... a month after shares of the professional social network site linked-in ore han doubled on its first day of trading. that's business. coming up... the "miracle on the hudson" plane will have a new home soon!find out where it will make it's final landing. yyu work really hard. you pay neighbor. and you olunteer for a local non-profit.is it lousy people get all of the good deals? we've become a society of makers and takers. peopll ho produce goods and serrices are the makers. the ress are the takers. and governmmnt is picking winners and losers..emember that $800 billion was given to favored olitical groups and causes. ii turns out 3,700 recipients of more thaa $24 billioo in sttmulus funds we more than $757 million ii back taxes.speaking of federal taxes, one out of wo americans don't ppy any. for them, april 15th is americans don't pay any. taxes, one out of two americans don't pay an
, groupon is joining forces with expedia. the venture, announced today, is called groupon getaways. it will offer hotel stays at deeply discounted prices. the partnership also plans to offer specials for package deals, airline tickets, car rentals, cruises and destination activities around the world. the service is expected to launch later this month. >> susie: in the "money file" tonight, enjoying more with less. manisha thakor has some thoughts on financial minimalism. she's co-author of "on my own two feet: a modern girl's guide to personal finance." >> do you want less stress, more joy and increased freedom? if so, consider practicing financial minimalism. what is financial minimalism? i think of it as the process stripping down your financial life to the bare essentials. the idea is to make sure that everything you do with your money is increasing either your health and/or your happiness. why do this? because millions of us find ourselves slogging away at jobs we don't enjoy to pay for things that require us to clean, repair, insure, worry, tend and mend them. so look around y
>>> topping business and tech headlines tonight, daily deal site groupon wants to go public. the fast-growing website has filed paperwork for its initial public offering of stock. the finding sets the value of the ipo at $750 million. groupon's move comes after an ipo for social networking site linkedin that was valued by $9 billion by the end of the first day of trading. >>> this is a strange one now. a story that has stunned people in china is now spreading around the world and it appears to be true. a 17-year-old boy in southern china admits that he sold one of his kidneys to purchase an ipad. his mother is brokenhearted and tried to track down the online advertisers who paid her son the equivalent of about 3,300 u.s. dollars. when the boy suffered complications from the surgery, she went to the hospital where the operation was performed, but administrators at that hospital denied any knowledge of it. they did, however, admit to contracting, outsourcing, basically, the urology department to a private man.bus. >> that's just not right. okay. so what do you think it was? in a moment,
fascinated by this. i'm a user of sites like yours and groupon. i've gotten great deals. i wonder from the small business side, sometimes they get a bad rap, they got a bunch of bargain hunters and people never came back. how can you turn that around? use living social and get people to come back? >> i think the first thing that's important to remember is it's a marketing program. just like any marketing program you do, if you don't think about nit a smart way that makes sense for your business you may struggle with actually having a positive experience. the second thing is that there's three people involved in every single program that we run. there's living social. there's the customer that buys. and there's the merchant. all three of them need to feel like they won and feel happy at the end of the day in order to really have a successful program as well. >> you say provide values. do you mean provide a value in the deal itself or once someone gets there? >> i think value can be construed in a couple of ways. it can be cost savings in the deal itself. it can be having a fantastic, wh
and now groupon just filed papers to set the stage for an initial public offering. the company, which offers gift counted gift certificates, wants to raise $750 million at its ipo. no estimate yet on the value per share. >>> an oakland-based pandora, the online music company set its ipo at $7 to $9. >> i was saying wait, groupon has not been around that long. 2.5 years ago they were just an idea and now they are going public. >> not a big coupon guy but i use pandora. >> i haven't used that. >> it's on the iphone. get it your ipad. it's terrific if you like music, fabulous. you don't need an ipod. >> when we talk about grew upon, that girl -- i think she knows a lot about those coupons. 4:46. >>> a bathroom controversy brewing in one bay area school district. we'll tell you why some want to give students a free hall pass. >> plus, a dangerous new superbug showing up in cow's milk. the risk it's posing to humans. >>> and a rush hour ride with no stops. why another muni driver is being investigated this morning. >>> folks, here's your travel forecast. you can see showers scattered show
, groupon expanded to groupon now is a way to explore your neighborhood and save money on anything that you need right now. the deals are redeemed immediately and good for that day only. stay with us, more new straight ahead. [music] we hear verizon's 4g lte is fast. let's find out how much we can download before this rocket takes out this 4g hotspot. are you guys ready ? yeah, ready ! ready ! let's go hot. ready, set, download ! done ! done ! done ! what'd you get, what'd you get ? downloaded solitaire ! i got gulliver's travels ! i got a photo ! yeah ! all right ! it's america's fastest and largest high-speed wireless network-- verizon. built so you can rule the air. the >> and recap of tonight's big stories. news that johannes mehserle could be freed from prison. he sparked riots and the grant family reacts. >> you cannot stop us from organizing, we will not sit down or shut up. >> this elementary school will remain open the school board and and a small court- jess unanimously voted relievers shannon elementary open. they found out that it will cost more than $1 million to move the stude
normal service. >>> 5:51 is your time. groupon is teaming up with expedia. >> let's go to linda bell. >> good morning. internet security is a top on capitol hill. the u.s. house of energy conducting a of cybersive review well as privacy issues. as you mentioned, hackers tried passwords from hundreds gmail users. the campaign was targeting the counts of government officials. googles says it not only detected and disrupted the effort, but it notified authorities. with a is teaming up groupon. it will offer discounts of about off of more than 135,000 hotels. is one way they're getting a leg up on competitors. bloomberg news says the sports are expected to raise prices on athletic footwork -- where. is as they jump on the bandwagon of higher costs and commodities. we have one analyst saying that sporting goods retailers on apparel atices the beginning of the year. by the bloomberg, lee -- lisa bell for abc7 news. >>> 5:53. 73 degrees. watching "good washington storyke a look at this where the reporter became a part of this. this is an arkansas. there was a flood victim. an suv was swept
on a website, wbaltv.com. airtran and groupon turned to expedia to help boost sales. king has more in the bloomberg business report. >> travel is getting more expensive. expedia looking at some partnerships. airtran customers can get access to more than 70,000 hotel properties. expedia teaming up with groupon in the new service, as in get discounts of about half off at over 100,000 hotels. the service is expected to launch later this month. investors getting the latest weekly jobless claims. those numbers will be closely look tat. adp showed fewer workers were higher than forecast. stop stumbled based on that news. manufacturing is expanding at the slowest pace in years. the bloomberg maryland index plans on a deep debt from joseph a. banks. i'm jane king for wbal-tv 11 news. >> sean kingston's condition has been upgraded. and woman were injured when they crashed into a bridge on a jet ski. her name may not ring a bell but many will remember bill cosby's on "the cosby show." she died. she earned an emmy nomination. her big break came when she landed the role of david's grandmother
. s&p is down six. >>> groupon has taken the first step towards going public. it filed for a $750 million initial public offering. this gives the first inside look at the company's finances. it shows groupons had first quarter sales of $645 million but a net loss of $114 million in the first three months of this year. groupon finds meals for the 83 million subscribers. >>> there is no housing bust in at least one east bay community. explosive growth in the trivalley area is turning dublin into the new center of housing development according to the france business times. developers have permits for 2,000 new single family homes. about half are already under construction and many have sold. developers say sales there have remained strong since there have been few foreclosures, driving down prices. >>> mazda may soon stop producing cars in the u.s. ford and mazda are close to ending their partnership. going their separate ways would mean the end of u.s. production for mazda. the ford plant in flat rock, michigan, currently produces the mazda 6 mid-size sedan. >>> sony says it's still
-ups are planning to go public. groupon filed papers for initial public offering and pandora set the opening share price. they hope to raise $123 million in the ipo. pandora expects to sell the stock in $7 to $9 range. groupon took a step toward selling stock on wall street filing papers with the securities and exchange commission. groupon grew 22,000% last year. it's matched the growth rate in first quarter of this yea year. >>> customer of apple iphone store could move to the cloud. "l.a. times" reports apple could have contract with four major record label in place by today to allow the cupertino-based company to push itune users to the icloud service. they can access songs online for free at first but the "times" says at some point apple will charge $25 a year to use the service. so you push your songs on their service and access it from any mobile device. >> all right. very cool. >>> checking out a different cloud this morning. a cloud that may pack rain later today. >> in fact. the record-setting rain. watch out. >> in june? >> i know. we can usually go through june, july, august and not wor
yesterday. however, high end retailer s achs fell 1%. groupon took its first step toward becoming a publicly traded company, filing papers for $750 million initial public offering. the u.s. treasury is selling its stake in chrysler to italian automaker fiat for $500 million. the u.s. expects to recover all about you about $1.3 billion of the $12.5 billion invested in the u.s. brand. >>> meanwhile, a group of hackers appear to have it out for sony. sony pictures entertainment website was reportedly broken into. finally, how much was all the publicity amazon.com got over its recent one day 99 cent saels sale of "born this way" worth? the deal actually cost amazon a whooping $3 million. >>> the bugs are back in cleveland, a run away golf cart in turkey. plus, dirk and the mavs say not so fast to the heat. your early morning sports headlines are straight ahead. >>> in weather, it appears that our summer forecast is setting up hot and dry in many spots. your weekend forecast is coming up. you're watching "early today." >>> good morning. if you're just waking up, this is "early today." in sports,
agreed to manage it after bankruptcy. >>> and groupon is hoping to make another high-tech splash on wall street. the fast growing daily deal site has filed to sell stock to the public. the company is looking to raise up to $750 million in what would make it one of this year's most high-profile ipos. last month the social networking side linkedin went public and was valued at $9 billion by the end of its first day of trading, and, terrell, maybe we should get our "group on." i just love to say that word. i don't know why. >>> ashley morrison here in new york, a great way to go to the weekend. appreciate it. >>> on that note a quick break. coming up on your friday morning we'll have your weather forecast and get our sports on. talk about a comeback. highlights from game two of the nba finals. we'll be right back. [ male announcer ] there's a place where everyone feels at home. where the company, the conversation, and the food make all who enter feel welcome. a place that feels as warm with a crowd... as it does with just a friend. it's a place you'll find town house crackers. because they'
companies that power social media giants like linkedin and groupon. another guilty plea in the bernie madoff ponzi scheme. former madoff payroll manager eric lipkin pleaded guilty today to several charges, including conspiracy, bank fraud and falsifying bank records. investigators say lipkin pocketed about $9 million through phony stock trades. he's the third person in the case, other than madoff, to admit guilt. lipkin faces up to 70 years in prison. in another new york city courtroom, former international monetary fund chief dominque strauss-kahn pleaded not guilty. strauss-kahn is charged with the attempted rape of a maid at a manhattan hotel. he entered his plea this morning in new york state supreme court. he'll remain under house arrest until his next court date, scheduled for the middle of next month. it's not uncommon for companies it's not uncommon for companies to fight over top talent. last month, electronic payment company paypal sued two former employees, claiming they took trade secrets with them when they went to work for google. tonight's "beyond the scoreboard" looks at the
%. groupon took its first step toward becoming a publicly traded company, filing papers for $750 million initial public offering. the u.s. treasury is selling its stake in chrysler to italian automaker fiat for $500 million. the u.s. expects to recover all but about $1.3 billion of the $12.5 billion invested in the u.s. brand. >>> google says hacking of white house victim kass from china. >>> meanwhile, a group of hackers appear to have it out for sony. sony pictures entertainment website was reportedly broken into. finally, how much was all the publicity amazon.com got over its recent one day 99 cent sale of lady gaga's "born this way" worth? the deal actually cost amazon a whopping $3 million. >>> in health news, a new study suggests eating baked goods containing milk may help children outgrow milk allergies. allergic children saw their symptoms disappear faster than children who simply avoided milk products. the results also hint at the possibility of a muffin test to distinguish fleeting allergies from more severe ones. for more information on this and other health stories, check out
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